Frequently asked questions
Navigate to the Invest page in the app and scroll down to Self Managed Investing. If you have not funded your investment account yet tap on View Details and follow the instructions to move money from your DDA account into the investment balance. Once you have funded your account tap on Buy Stocks and from here you can search for specific stocks or view our Investment Themes for suggestions.
You can trade up to the funds available in your Unifimoney DDA account. You must move funds from your DDA account into your investment account to trade.
Settlement is on a T+2 basis with funds transferred using ACH to your Unifimoney DDA account requiring an additional 2-3 business days.
We currently supports the following assets:
~ 3,000 U.S. Exchange-Listed Stocks,
~1,000 ETF's
~300 American Depositary Receipts (ADRs) for Globally-Listed Companies.
Navigate to the Invest page and tap on Digital Assets then follow the instructions.
Navigate to the Invest page and tap on Metals then follow the instructions.
No we don’t currently support Options in our platform but we expect to be able to do so second half of 2021.
No we don’t currently support Mutual Funds in our platform.
Our broker dealer Drivewealth has a number of guidelines for a stock or fund to be listed and available for trade. These are general guidelines and the Listing Committee ultimately decides what to include. General guidelines are:
- US exchange listed (OTC securities are not available)
- Market capitalization greater than $ 1 billion
- If market capitalization is below $1 billion, then 3 month average daily dollar volume must be greater than $0.5 million
- Exchange listed sponsored ADRs (American Depositary Receipts)
- Non-leveraged ETFs